4 September 2015
Export and Import Price Indices of
Industrial Products. Base 2010
July 2015. Provisional data
The annual variation rate of the IPRIX stands at 1.1%, three tenths
higher than in June
The annual variation rate of the IPRIM is –3.8%, six tenths below
that registered the previous month
Annual evolution of export prices
The annual rate of the Export Price Index (IPRIX) was 1.1% in the month of July, three tenths
below that registered in June.
By economic destination of the goods, among the industrial sectors with an effect on the
increase in the annual rate of the IPRIX, worth noting were:
 Capital goods, which presented a rate of 1.4%, five tenths higher than that registered in
June and the highest rate since September 2012. This behaviour was due to the increase in
the prices of the Manufacture of motor vehicles, as compared to the stability of the previous
year. This activity presented the highest annual rate since December 2012.
 Energy, whose annual rate presented an increase of nearly one and a half percentage
point, up to -9.5%. Due to the increase in the prices of Electric power generation,
transmission and distribution, that decreased in 2014.
In turn, it is worth noting that the negative effect of Oil refining due to the decrease of the
prices during this month, as compared with the stability of the previous year.
 Non-durable consumer goods, with a variation rate of 2.5%, one tenth higher that
registered in June and the highest rate since June 2011. This behaviour was due to the price
increase of Food industries, lower in July 2014.
IPRIX-IPRIM - JULY 2015 (1/13)
The annual variation rate of the general index excluding Energy increased three tenths up
to 1.7%, standing again six tenths over that of the general IPRIX.
IPRIX-IPRIM - JULY 2015 (2/13)
Monthly evolution of export prices
In July 2015, industrial export prices registered a monthly rate of 0.5%, as compared to the
month of June.
By economic destination of the goods, the industrial sectors that had a positive monthly
effect on the general index were:
 Intermediate goods, with a variation rate of ‒0.5% due to the price increase of
M anufacture of basic chem icals, fertilisers and nitrogen com pounds, plastics
and synthetic rubber in prim ary form s, and, to a lesser extent, the Manufacture of basic
iron and steel and of ferro-alloys. Its contribution to the general IPRIX was ‒0.183.
 Capital goods, whose monthly rate of 0.5% had a contribution of 0.175 to the general,
mainly due to the increase in the prices of Manufacture of motor vehicles.
 Non- durable consumer goods, with a rate of 0.4% and had a contribution of ‒0.082.
Worth noting in this evolution was the increase in the prices of Food industries.
IPRIX-IPRIM - JULY 2015 (3/13)
4 September 2015
A more detailed analysis showed the activities that most affected the monthly rate of the
IPRIX in the month of July.
Activities with the greatest positive effect on the monthly rate of the IPRIX
Activity (CNAE-09 groups)
Manufacture of motor vehicles
Manufacture of basic chemicals, fertilisers and nitrogen
compounds, plastics and synthetic rubber in
primary forms
Electric power generation, transmission and distribution
Manufacture of basic iron and steel and of ferro-alloys
Manufacture of pulp, paper and paperboard
Manufacture of vegetable and animal oils and fats
Processing and preserving of fruit and vegetables
Manufacture of pharmaceutical preparations
Mining of non-ferrous metal ores
Manufacture of plastics products
Monthly rate Effect
(%)
1,0
2,1
7,3
1,3
1,8
1,3
0,8
0,5
6,2
0,5
0,170
0,135
0,126
0,052
0,033
0,020
0,015
0,015
0,014
0,013
Activities with the greatest negative effect on the monthly rate of the IPRIX
Activity (CNAE-09 groups)
Manufacture of refined petroleum products
Manufacture of grain mill products, starches and starch
products
Manufacture of basic precious and other non-ferrous
metals
Monthly rate Effect
(%)
–2,9
–0,114
–10,9
–0,040
–1,0
–0,032
IPRIX-IPRIM - JULY 2015 (4/13)
Annual evolution of industrial prices, aggregating the domestic and foreign
markets
In July, the Industrial Price Index of the domestic and foreign markets, as the aggregation of
the IPRIM and the IPRIX, presented an annual rate of –0.6%, one tenth higher than that
registered in June.
In turn, the annual variation rate of the general index excluding Energy stood at 1.0%, that
is, it stood 1.6 points over that of the general IPRIM+IPRIX.
IPRIX-IPRIM - MAY 2015 (5/13)
Annual evolution of import prices
The Import Price Index (IPRIM) registered an annual rate of –3.8% in July, six tenths lower
than that of June.
By economic destination of the goods, among the industrial sectors contributing to the
decrease in the annual rate of the IPRIM, worth noting:
 Energy, with a rate of –23.8%, nearly three points below that of the previous month. This
decrease was due to the decrease this month in the prices of Manufacture of coke and
refined petroleum products, as compared to the stability registered in July 2014, and due to
the higher decrease of prices in Extraction of crude petroleum and natural gas in this month,
as compared to the previous year.
 Intermediate goods, whose annual rate stood at 1.8%, three tenths below that registered
the previous month, due to the decrease of prices in Extraction of metallic minerals, as
compared to the increase of 2014.
IPRIX-IPRIM - JULY 2015 (6/13)
The annual variation rate of the general index excluding Energy increased two tenths up to
2.7%, standing more than six points and a half over that of the general IPRIM.
A m ore detailed analysis showed that, among the divisions recording a decrease in their
annual rates, worth noting were:
 Manufacture of coke and refined petroleum products, with a rate of -19.5%, six points
and a half lower than the previous month. This behaviour was due to the prices in this
industry decreased this month, as compared to the stability of 2014.
 Extraction of crude petroleum and natural gas, whose rate decreased nearly two points,
reaching –26.4%. This evolution was due to the decrease in the prices of this activity this
month, higher than in July 2014.
 Extraction of metallic minerals, with a rate of -0.7%, nearly eight points lower than
registered in June, due to the decrease of prices this month, as compared to the increase in
2014.
 Metallurgy: manufacture of basic iron and steel and of ferro-alloys, with a variation
rate at –1.8%, more than one point below that register in June. This was due to the stability
in the prices as compared to the increase recorded in the same month of the previous year.
IPRIX-IPRIM - JULY 2015 (7/13)
Monthly evolution of import prices
In July, the monthly variation of the Import Price Index was ‒0.7%.
By economic destination of the goods, the only industrial sector with a negative effect on the
general index was:
 Energy, with a variation of ‒4.2% and an effect of ‒0.953, due to the decrease in the prices
of Extraction of crude petroleum and natural gas and Manufacture of coke and refined
petroleum products.
In turn, the only sector with a positive contribution to the general index worth noting was:
 Non-durable consumer goods, whose variation stood at ─0.6% and had an effect of
–0.117.
 Intermediate goods, with a variation of ‒0.2%, due to the decrease of prices in Extraction
of metallic minerals. Its contribution in the general IPRIM was 0.044.
IPRIX-IPRIM - JULY 2015 (8/13)
A more detailed analysis showed the activities that most affected the monthly rate of the
IPRIM in the month of July.
Activities with the greatest positive effect on the monthly rate of the IPRIM
Activity (CNAE-09 groups)
Manufacture of wearing apparel
Manufacture of chemicals and chemical products
Manufacture of food products
Manufacture of machinery and equipment n.e.c.
Manufacture of electrical equipment
Manufacture of motor vehicles, trailers and semi-trailers
Monthly rate Effect
(%)
1,2
0,5
0,5
0,3
0,4
0,2
0,056
0,048
0,033
0,021
0,017
0,016
Activities with the greatest negative effect on the monthly rate of the IPRIM
Activity (CNAE-09 groups)
Extraction of crude petroleum and natural gas
Manufacture of coke and refined petroleum products
Mining of metal ores
Monthly rate Effect
(%)
–3,3
–0,538
–7,1
–0,414
–2,9
–0,039
IPRIX-IPRIM - JULY 2015 (9/13)
Export and Import Price Indices
of Industrial Products. Base 2010
July 2015
Provisional data
1.Export Indices: general index and by economic destination of the goods
Index
Effect
% Variation
Monthly
Year
to date
Annual
Monthly
GENERAL INDEX
105,1
0,5
1,8
1,1
Consumer goods
- Durable consumer goods
- Non-durable consumer goods
Capital goods
Intermediate goods
Energy
107,0
98,0
109,6
103,4
107,1
89,7
0,4
0,0
0,4
0,5
0,5
0,2
2,1
1,3
2,3
0,8
1,7
7,8
2,4
1,6
2,5
1,4
1,6
-9,5
Year
to date
0,082
0,001
0,082
0,175
0,183
0,012
0,466
0,033
0,432
0,273
0,648
0,414
2. Import Indices: general index and by economic destination of the goods
Index
Effect
% Variation
Monthly
Year
to date
Annual
Monthly
GENERAL INDEX
105,1
-0,7
0,4
-3,8
Consumer goods
- Durable consumer goods
- Non-durable consumer goods
Capital goods
Intermediate goods
Energy
109,9
104,3
111,6
101,9
108,3
100,0
0,5
0,5
0,6
0,1
0,2
-4,2
2,6
3,1
2,5
1,8
0,8
-4,1
4,0
4,8
3,7
2,2
1,8
-23,8
Year
to date
0,147
0,030
0,117
0,029
0,044
-0,953
0,701
0,173
0,528
0,404
0,226
-0,942
3. Indices in aggregates of domestic and international markets
(IPRI+IPRIX): general and by economic destination of the goods
Index
Effect
% Variation
Monthly
Year
to date
Annual
Monthly
GENERAL INDEX
108,8
0,2
2,0
-0,6
Consumer goods
- Durable consumer goods
- Non-durable consumer goods
Capital goods
Intermediate goods
Energy
108,2
101,2
109,3
103,0
106,9
117,5
0,2
0,0
0,3
0,3
0,1
0,3
1,3
0,4
1,4
0,8
1,1
5,4
1,5
0,5
1,6
1,1
0,5
-7,2
Year
to date
0,061
0,000
0,061
0,059
0,024
0,067
IPRIX-IPRIM - JULY 2015
0,363
0,009
0,354
0,161
0,366
1,103
(10/13)
4. Export indices: general index and by branch of activity (CNAE 2009)
Index
GENERAL INDEX
B. Mining and quarrying industries
Extraction of metallic ores
Other mining and quarrying
C. Manufacture industry
Food industry
Manufacture of beverages
Tobacco industry
Textile industry
Manufacture of garments
Leather and footwear industry
Manufacture of wood and of products of wood and cork, except furniture;
basketmaking and wickerwork
Paper industry
Printing and service activities related to printing
Manufacture of coke and refined petroleum products
Chemical industry
Manufacture of pharmaceutical products
Manufacture of rubber and plastic materials
Manufacture of other non-metallic ore products
Metallurgy; manufacture of basic iron and steel and of ferro-alloy products
Manufacture of metal products, except machinery and equipment
Manufacture of computer, electronic and optical products
Manufacture of electrical material and equipment
Manufacture of machinery and equipment n.e.c.
Manufacture of motor vehicles, trailers and semi-trailers
Manufacture of other transport material
Manufacture of furniture
Other manufacturing industries
Repair and installation of machinery and equipment
D. Supply of electrical energy and gas
Monthly
Annual
% Variationn Effect
% Variation
105,1
147,2
224,3
113,5
105,5
112,5
107,3
111,2
111,4
108,9
114,2
0,5
1,2
6,2
-1,3
0,3
0,008
0,014
-0,006
0,318
1,1
12,0
22,1
7,1
0,8
0,1
-0,2
0,0
0,4
1,0
0,3
0,013
-0,003
0,000
0,005
0,005
0,003
1,7
0,9
0,0
3,2
3,9
3,2
109,3
111,5
103,4
98,2
113,7
0,7
1,2
0,5
-2,9
1,4
0,5
0,5
0,1
0,2
-0,1
0,1
-0,1
0,1
0,8
0,0
-0,1
0,1
0,0
7,3
0,005
0,031
0,002
-0,114
0,142
0,019
0,022
0,002
0,016
-0,004
0,001
-0,004
0,003
0,173
0,000
-0,001
0,001
0,000
0,126
1,7
4,2
4,5
-19,3
2,1
3,6
1,5
1,7
0,4
0,5
0,6
0,7
0,6
2,1
0,1
0,4
3,3
0,0
15,3
104,7
108,3
106,5
100,9
103,2
74,7
102,2
105,6
103,2
101,9
104,1
108,7
102,5
66,2
IPRIX-IPRIM - JULY 2015
(11/13)
5. Import indices: general index and by branch of activity (CNAE 2009)
Index
Monthly
% Variation
GENERAL INDEX
B. Mining and quarrying industries
Extraction of anthracite, coal and lignite
Extraction of crude petroleum and natural gas
Extraction of metallic ores
Other mining and quarrying
C. Manufacture industry
Food industry
Manufacture of beverages
Tobacco industry
Textile industry
Manufacture of garments
Leather and footwear industry
Manufacture of wood and of products of wood and cork, except furniture;
basketmaking and wickerwork
Paper industry
Manufacture of coke and refined petroleum products
Chemical industry
Manufacture of pharmaceutical products
Manufacture of rubber and plastic materials
Manufacture of other non-metallic ore products
Metallurgy; manufacture of basic iron and steel and of ferro-alloy products
Manufacture of metal products, except machinery and equipment
Manufacture of computer, electronic and optical products
Manufacture of electrical material and equipment
Manufacture of machinery and equipment n.e.c.
Manufacture of motor vehicles, trailers and semi-trailers
Manufacture of other transport material
Manufacture of furniture
Other manufacturing industries
D. Supply of electrical energy and gas
Annual
Effect
% Variation
105,1
99,6
93,9
100,2
92,7
114,4
106,5
117,5
105,3
121,7
119,9
118,4
120,9
-0,7
-3,2
-1,5
-3,3
-2,9
0,0
-0,2
-0,583
-0,007
-0,538
-0,039
0,000
-0,155
-3,8
-24,0
7,9
-26,4
-7,0
3,8
1,1
0,5
0,0
0,0
0,5
1,2
0,1
0,033
0,000
0,000
0,007
0,056
0,001
1,6
0,6
0,4
5,2
8,1
9,3
116,2
107,5
98,8
113,4
0,4
0,1
-7,1
0,5
0,3
0,4
0,2
-0,1
0,2
0,1
0,4
0,3
0,2
0,3
0,5
0,4
12,7
0,002
0,002
-0,414
0,048
0,012
0,012
0,002
-0,005
0,005
0,010
0,017
0,021
0,016
0,007
0,005
0,009
0,006
5,5
2,7
-19,5
2,2
1,0
1,5
3,0
-1,8
2,3
5,2
5,7
3,0
0,3
2,9
4,4
5,9
35,5
94,7
111,7
109,8
100,0
107,2
93,8
108,0
108,3
101,7
110,5
109,0
110,3
96,0
IPRIX-IPRIM - JULY 2015
(12/13)
6.Indices in aggregates of domestic and international markets
(IPRI+IPRIX): general and by branch of activity (CNAE 2009)
Index
Monthly
% Variation
GENERAL INDEX
B. Mining and quarrying industries
Extraction of anthracite, coal and lignite
Extraction of metallic ores
Other mining and quarrying
C. Manufacture industry
Food industry
Manufacture of beverages
Tobacco industry
Textile industry
Manufacture of garments
Leather and footwear industry
Manufacture of wood and of products of wood and cork, except furniture;
basketmaking and wickerwork
Paper industry
Printing and service activities related to printing
Manufacture of coke and refined petroleum products
Chemical industry
Manufacture of pharmaceutical products
Manufacture of rubber and plastic materials
Manufacture of other non-metallic ore products
Metallurgy; manufacture of basic iron and steel and of ferro-alloy products
Manufacture of metal products, except machinery and equipme
Manufacture of computer, electronic and optical products
Manufacture of electrical material and equipment
Manufacture of machinery and equipment n.e.c.
Manufacture of motor vehicles, trailers and semi-trailers
Manufacture of other transport material
Manufacture of furniture
Other manufacturing industries
Repair and installation of machinery and equipment
D. Supply of electrical energy and gas
E. Supply of water
For further information see INEbase - www.ine.es/en/
Annual
Effect
% Variation
108,8
110,1
106,2
202,4
104,3
106,5
113,2
108,7
118,4
107,7
100,6
109,4
0,2
0,1
-1,3
3,8
-0,3
-0,2
0,3
0,0
0,0
-0,1
0,4
0,2
0,001
-0,001
0,004
-0,002
-0,168
0,048
-0,001
0,000
-0,001
0,004
0,001
-0,6
1,3
-5,3
11,7
0,8
-0,8
1,2
0,8
1,4
0,9
1,4
1,4
106,1
107,8
106,7
101,9
0,0
0,3
-0,3
-4,4
0,8
0,2
0,4
-0,1
-0,5
-0,1
0,1
-0,3
0,1
0,5
0,3
0,0
0,0
-0,4
3,0
0,0
0,000
0,006
-0,005
-0,311
0,058
0,006
0,015
-0,004
-0,028
-0,009
0,001
-0,010
0,003
0,054
0,008
0,000
0,000
-0,005
0,380
0,000
1,2
2,8
1,6
-21,0
1,2
1,7
0,8
0,7
-0,4
0,1
0,1
0,1
0,4
1,4
3,1
0,4
2,3
-0,4
-0,1
1,1
113,9
102,0
108,7
103,1
100,8
101,7
82,4
104,3
104,4
102,5
104,4
103,9
107,2
100,3
125,3
116,5
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IPRIX-IPRIM - JULY 2015
(13/13)